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Situation Escalates as Israel Exchanges Missile Fire With Lebanon

ISRAEL
  • Risk-off and a bid in bonds follows a potential escalation in the Israeli conflict, with NNA news agency reporting that missiles had been fired from Lebanon toward Israel. with Israel confirming that an anti-tank missile has been fired from Lebanon at a military post. In response, Israel has struck a south Lebanon town with artillery shells.
  • US Treasury yields remain under pressure, undermining any USD bid, with the 10y yield down at 4.5726% at typing.

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